Get the Tata Capital App to apply for Loans & manage your account. Download Now


Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required

Business Loan offerings and advantages in Madurai

High loan amounts
Business loan amounts can go up to Rs. 90 lakhs based on your business needs, such as expansion, inventory, working capital, and more.

Flexible tenures
Business loans have tenures that can extend up to 3 years based on the customer’s requirements.

Minimal documentation
You can apply online for a business loan with minimal documentation and no cumbersome paperwork.

Quick approval and disbursal
The verification and approval process is quick, and you can get your loan amount credited to your bank account in just a few days.

  • Loan Amount

    ₹ 0.40 lakh to ₹ 90 lakhs

  • Loan Tenure

    12 to 60 months

  • Self-Employed Non-Professional Interest rate starting @


  • Self-Employed Doctors Interest rate starting

    @ 12.00%-15.00%

  • Self-Employed Professional Other than Doctors Interest rate starting

    @ 13.00%-17.50%

Special Scheme for Women Entrepreneurs

Are you a woman entrepreneur striving to run a successful enterprise in Madurai? Now you can get the financial support you need with the help of these excellent government schemes

Trade-Related Entrepreneurship Assistance and Development Scheme

A flourishing business is backed by a reliable source of finance and the expertise of the business owner. So, to help women entrepreneurs start their businesses, the Trade-Related Entrepreneurship Assistance and Development Scheme offers financial and training assistance to help grow your business in this competitive market.

Synd Mahila Shakti Scheme

Under the Synd Mahila Shakti scheme, women entrepreneurs who are small business owners, retail traders, and self-employed can avail of finance up to Rs. 5 crores to start a new business or expand their existing one. What’s more, you will also get a free credit card under this loan scheme.

Purpose of Business Loans

As the city of Madurai continues to grow economically, running a business here can be profitable but equally demanding. In such a case, you can avail a business loan for the following purposes.

Fulfill working capital needs

To ensure the smooth functioning of your business operations, you need a regular supply of working capital for everyday expenses. These include salaries, rent, utility bills, credit, and more. If you find yourself low on working capital, avail a business loan from Tata Capital for seamless operations.

Scale your business

Once your business picks speed, it is wise to start thinking about expanding your operations. Naturally, it will require significant capital investment – be it a new product launch, entering a new market, or expanding office premises. In such a case, you can get a business loan from Tata Capital to ease your worries and watch your business grow.

Repair machinery

A business loan can provide you with enough funds to repair and upgrade your machinery to maximise your business potential and thrive in the competitive market.

What are Interest Rates for Business Loans in Madurai?

In Madurai, several lenders and NBFCs provide business financing options. You can easily get a business loan in Madurai to arrange cash for your business, hire more workers, buy new equipment, expand your business, take your brand online, and many other purposes. Business Loans interest rates in Madurai depend on several factors such as your CIBIL score, income, business vintage, company tenure, and annual turnover. A high CIBIL score and a stable income increase the chances of your loan getting approved quickly and bagging lower interest rates. Additionally, if your company has been operational for several years, you can get preferential interest rates for your business loan.

Tata Capital offers you some of the lowest business loan interest rates in Madurai, so you can grow your business without worrying about the burden of repayment.

What are the eligibility criteria for a Business Loans in Madurai?

Document Submission

Business loan eligibility comprises basic conditions like CIBIL score, age, business turnover, and more that candidates must fulfil to avail business finance. Here are the Business Loans eligibility criteria for Tata Capital:

  • Age should be between 25 to 65 years

  • CIBIL score must be 700 or more

  • The candidate should own a business at least profitable for three successive financial years

  • The business turnover must display an upward trend

  • Your balance sheet be audited by a registered Chartered Accountant (CA)

What are the documents required for getting Business Loan in Madurai?

Last six months’ company bank statements

Last two years' Income Tax Returns

Last two years' balance sheet and Profit & Loss accounts

KYC documents of the company

KYC documents of the business owners

A report with detailed information about how the candidate will utilise the Business Loan

Photo identity proof (Aadhar card/ Driving licence/ Voter ID/ Passport)

Bank statements

Business proof

How to calculate EMI for Business Loans Online?

The EMI that you will be required to pay towards the repayment of your Business Loans in Madurai depends on three factors:

  • Principal loan amount – The higher the principal amount, the higher will be the EMI amount you will need to pay.

  • Rate of Interest – The higher the rate of interest, the higher will be the EMI amount you will need to pay.

  • Loan Tenure – The EMI is inversely related to the loan tenure. The shorter the loan tenure, the higher will be the EMI amount you will need to pay.

The quickest way to assess your business loan EMI in Madurai is using a  Business Loans EMI calculator Simply input the principal amount, rate of interest, and your loan tenure. The tool will calculate the EMI you will have to pay each month. 

How to apply for a Business Loan online in Madurai?


Online Application

You can fill out the online form to apply for a Business Loan.


Document Submission

Post receiving your loan eligibility, furnish the required Business Loan Documents to take your application ahead.



We will verify your Business Loan application and documents. You may need to appear for a personal discussion.


Post Approval

Once the application is approved, we will send you a sanction letter.



You'll receive the loan amount straight in your bank account.

Other Ways to Apply for a Business Loan in Madurai

You can reach out to us in various ways to apply for a Business Loans in Madurai:

  • Visiting our Branch
    To apply for a business loan offline, simply pay visit to one of our country-wide branches and seek guidance from our loan specialists.

  • Call us to apply
    With Tata Capital, you can apply for a business online with just a call. Simply contact us at 1860 267 6060 and we will walk you through the process.

  • Apply with our Virtual assistant
    You can take the help of our loan processing virtual assistant to apply.